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Basis of Presentation and Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2024

Accounting Policies [Abstract]

Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the unaudited condensed consolidated statements of cash flows that sum to the total of the same such amounts shown in the unaudited condensed consolidated statements of cash flows (in thousands):

		Nine Months Ended September 30, 2024								Nine Months Ended September 30, 2023
		Beginning of period				End of period				Beginning of period				End of period
Cash and cash equivalents		$	188,657			$	155,149			$	114,846			$	98,193
Restricted cash			5,770				8,770				5,770				5,770
Total cash, cash equivalents and restricted cash shown in    the unaudited condensed consolidated statements of cash flows		$	194,427			$	163,919			$	120,616			$	103,963

Schedule of revenue consist of product sales to customers

The Company operates in one business segment. Results of its operations are reported on a consolidated basis for purposes of segment reporting, consistent with internal management reporting. Revenues consist of net product sales to customers, all of which are sales in the U.S. Revenues by product are as follows (in thousands):

		Three Months Ended September 30,								Nine Months Ended September 30,
		2024				2023				2024				2023
NUPLAZID		$	159,186			$	144,828			$	446,518			$	405,308
DAYBUE			91,215				66,871				251,677				90,088
Product sales, net		$	250,401			$	211,699			$	698,195			$	495,396

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Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer.

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